Overview

What they do
NACO is a co-investment fund for start-ups and small and medium-sized businesses, backed by Région Nouvelle-Aquitaine, managed by M/Capital.
naco-invest.fr
What they look for
NACO targets value creation, territorial economic development across Nouvelle-Aquitaine, social and ecological transitions, and industry 4.0 by providing public-private co-investment leverage to local businesses.
naco-invest.fr
Stage
Seed, Series A, Series B+
naco-invest.fr
Sectors
AI, Climate, Consumer, Deeptech, SaaS, Food and agriculture, Healthcare, Mobility and logistics, Cybersecurity, Other
naco-invest.fr
Based
Bordeaux, FR
naco-invest.fr

Sources

2026-08-29naco-invest.frCréé à l’initiative de la Région Nouvelle-Aquitaine, NACO est un Fonds Régional de…
2026-08-29naco-invest.frNACO est porté par plusieurs objectifs axés sur le développement économique et social de la…
2026-08-29naco-invest.frNACO intervient dans tous les secteurs de l’économie, quel que soit le stade d’évolution de…
2026-08-29naco-invest.fr100 participations en portefeuille

Portfolio, cheque size and the rest

The 60 companies they have backed that we can see, the cheque they write, and whether they are deploying right now.

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